FSB members discussed the outlook for global financial stability, preliminary lessons from the recent banking-sector turmoil, as well as the FSB’s deliverables to the July G20 Finance Ministers and Central Bank Governors meeting in India.
FSB
6 July 2023
5 July 2023
Proposed revisions incorporate lessons learnt since 2017 and aim to enhance the resilience of non-bank financial intermediation.
Consultation report sets out proposed changes to the FSB’s 2017 Policy Recommendations to Address Structural Vulnerabilities from Asset Management Activities in relation to liquidity mismatch in open-ended funds.
Register for the FSB’s virtual outreach event on Friday 21 July.
The proposed toolkit for financial authorities and financial institutions has been developed against a backdrop of digitalisation of the financial services sector and growing reliance of financial institutions on third-party service providers for a range of services, some of which support their critical operations.
FSB consults on toolkit for the management and oversight of risks related to financial institutions’ use of critical services provided by third-party service providers.
The FSB and IOSCO will hold a public outreach event to launch their respective consultations on liquidity risk and its management in open-ended funds on Wednesday 12 July from 11:00 to 16:00 (CEST).
Virtual outreach event on insurers’ critical functions and digital innovation in resolution planning
24 May 2023
Join the FSB’s virtual outreach event on insurers’ critical functions and digital innovation in resolution planning, which will be held on Tuesday 20 June from 13:00 to 14:30 (CEST).
FSB urges market participants to act expeditiously to ensure an orderly transition and that their legacy contracts are prepared to transition by end-June 2023.
This report provides insights from financial institutions on the link between compensation frameworks and climate-related financial risks.